How FX Hedge Simulator Works (Spanish)
* The BME Clearing margin requirement calculation is based on a historical simulation of the greatest potential losses of the portfolio with a certain level of confidence, which may be subject to variations. Both the closing and reduction of position risk involve the return by BME Clearing of the corresponding part of the deposited margins.
FX hedging calculation based on the current contract hedge ratio until expiration, without readjusting the number of contracts.
* Cost of carry is the charge or payment derived from daily rollover of the open positions at the end of the day. The calculation was made based on the differential between the interest rates of both currencies at market close of
, so this estimation might change, depending on the fluctuation of the said differential during the maturity of the currency risk exposure.